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Aug 10, 2012
08/12
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north america could be energy independent. of course we've got most of the oil right now from our neighbor to the north and certainly some of from the south. that'll grow in the north, diminish in the south we think. but five years i don't think we'll be using a whole lot of mid east oil if we don't want to. certainly we'll be, all of us will be more secure. >> boon pickens has been very vocal, on the show a number of times suggesting if washington would get behind his natural gas act which would help subsidize companies to be able to use engines, long haul trucks, 25% of our imported oil goes to those, if we could speed up our energy independence and make the nation energy secure would the governor be in favor of boone pickens' natural gas act? >> i think the governor wants to see the market place work. it's working. it doesn't have to be sped up considerably. it's going to get there on its own. and as long as natural gas is cheap and abundant like it is, the energy supply out there, we'll get there pretty quickly. so i think
north america could be energy independent. of course we've got most of the oil right now from our neighbor to the north and certainly some of from the south. that'll grow in the north, diminish in the south we think. but five years i don't think we'll be using a whole lot of mid east oil if we don't want to. certainly we'll be, all of us will be more secure. >> boon pickens has been very vocal, on the show a number of times suggesting if washington would get behind his natural gas act...
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Feb 22, 2012
02/12
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. >> central and south america. new distributors up 89% year over year. how do you do that? >> they look to the brothers and sisters up in mexico and adopted the daily consumption model. clubs going in. in santiago chile and panama city, panama, for two large conventions, we call them extravagan extravaganzas, and the energy and excitement is frankly unprecedented. >> one of the things i'm concerned about, but i feel are you a bit countercyclical. i am seeing hiring in this country. will it work against you that there will be mainstream companies hiring in north america? >> i think it will work against us when the obesity issue goes away. we don't see that any time soon. >> a good point. that's not going away. now, a company today, they used to knock on my door when i was growing up. full brush. i always felt would youer in wu them unless they knocked on the door. how many of you what are you doing, because you -- you personally have taken this cann company to develop product superior to others. herbalife, i used to think if they didn't knock on your door, it wouldn't sell.
. >> central and south america. new distributors up 89% year over year. how do you do that? >> they look to the brothers and sisters up in mexico and adopted the daily consumption model. clubs going in. in santiago chile and panama city, panama, for two large conventions, we call them extravagan extravaganzas, and the energy and excitement is frankly unprecedented. >> one of the things i'm concerned about, but i feel are you a bit countercyclical. i am seeing hiring in this...
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Mar 26, 2012
03/12
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so, for example, if you're selling personal lines, i just came back from south america, we have great franchises there. in addition to selling auto, they'd like to sell life insurance. there's a need, as you talk to a consumer, they would like to deal with one company, if they can. so you're going to the expense of the direct market, hey, jim, would you like to buy autoinsurance? and if you're killed in an accident, would you like life insurance? that's where it comes together. >> so this is the aig that you want? >> absolutely. absolutely. i think there are businesses we shouldn't have been in that are too complicated. i think we've just got to be in businesses that come together, make sense and it's a corporation that can be managed. look, hank and i debate this all of the time. >> you talk to hank? >> i do. he's a marvelous guy. i said hank, this business is too bike. i said maybe for you it's not too big. for anybody else to try to manage this business from aircraft leasing to rail cars to pnc, worldwide, it's a very complicated business. now we're down to a size which is manageab
so, for example, if you're selling personal lines, i just came back from south america, we have great franchises there. in addition to selling auto, they'd like to sell life insurance. there's a need, as you talk to a consumer, they would like to deal with one company, if they can. so you're going to the expense of the direct market, hey, jim, would you like to buy autoinsurance? and if you're killed in an accident, would you like life insurance? that's where it comes together. >> so this...
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Jun 22, 2012
06/12
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>> we have a great company, we are very confident about south america, we are thinking in we're in a great region and we're confidence we think everything will work well. >> you operate at supermarkets across south america under the name jumbo among others. are there any signs of concern about the latin-american consumer? >> we have operations in five countries. i think all the countries are growing well. and we see very positive signs in brazil, peru, and also chile. i think we are in a great moment. >> when you're looking at your competition, you're not only competing against pure play markets, but a lot of retailers, home improvement, ate. the competition is wide. >> it is. everyone is excited about the reunion, but we have been doing business over 50 years in south america. we are a very well-known company. so we have a lot of customers and they are very loyal to us. perhaps they're going to in-store brands? >> yeah, we noticed that, but the difference we can offer -- we are in fast-growing markets. the growth we have seen is something unique. we did offer very good blueprint for
>> we have a great company, we are very confident about south america, we are thinking in we're in a great region and we're confidence we think everything will work well. >> you operate at supermarkets across south america under the name jumbo among others. are there any signs of concern about the latin-american consumer? >> we have operations in five countries. i think all the countries are growing well. and we see very positive signs in brazil, peru, and also chile. i think...
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Oct 30, 2012
10/12
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south america profit open again not all that significant. contrast that news with the report. ♪ hallelujah >> u.s. based furniture maker makes bed springs that i'm sure at some point pondered going into europe or latin mesh. i'm sure a whipper snapper said we have to make it more in the bed spring market. guess what? the good old us of a made these guys important. not because the stocks are going down, this one will be a jumper when the market opens tomorrow. it has been two weeks since the markets open tomorrow. the mortgage business, us bank corp and i'm not banking away. wells far go. i think it may have dinged their profit margin. hiring people to meet that demand. how could housing be this strong in light of all of the markets since the economy got so weak? lower prices and lower taxes and of course super low mortgage rates. and then moving them into new houses where the jobs are. it doesn't hurt that they are putting money into them. they are starting to close with declining housing stocks. good news for household formati formations.
south america profit open again not all that significant. contrast that news with the report. ♪ hallelujah >> u.s. based furniture maker makes bed springs that i'm sure at some point pondered going into europe or latin mesh. i'm sure a whipper snapper said we have to make it more in the bed spring market. guess what? the good old us of a made these guys important. not because the stocks are going down, this one will be a jumper when the market opens tomorrow. it has been two weeks since...
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Feb 3, 2012
02/12
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senator jim demint of south carolina. great stuff. hope to see you soon. >> thanks, larry. >>> all right. coming up, the $30 billion man. we're going to put a face on that story and all the late-breaking headlines coming into the cnbc newsroom. please stay with us. >>> facebook founder and ceo mark zuckerberg. he may be the $30 billion man. more on that and all the latest break in headlines coming into the cnbc newsroom. good evening, seema. >> that's right, facebook's initial public offering may value mark zuckerburg at $15 billion. that may make him on par with ellison who started oracle 35 years ago. not bad. and the world's largest diversified commodities trader is in talks to buy a mining group in a transaction that could combine close to $80 billion. the merger would create one of the world's largest mining companies. >>> and china snaps up three energy deals. chinese institutions unveil three separate energy deals in north america and europe that underscore beijing's need to seed its booming economy. >>> and potentially bad new
senator jim demint of south carolina. great stuff. hope to see you soon. >> thanks, larry. >>> all right. coming up, the $30 billion man. we're going to put a face on that story and all the late-breaking headlines coming into the cnbc newsroom. please stay with us. >>> facebook founder and ceo mark zuckerberg. he may be the $30 billion man. more on that and all the latest break in headlines coming into the cnbc newsroom. good evening, seema. >> that's right,...
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May 15, 2012
05/12
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> caller: not much good news out of south america. do you personally feel it's a place we shouldn't go? >> no, you can't. you can't take away the largest oil company and say big deal. let's go to joe in nevada, please. joe? >> caller: boo-yah, jim cramer. how are you doing today? >> ba-ba-boo-yah back at you. >> caller: i don't short stocks very much. but in the case of best buy i did at $26. and i noticed today they were up a little bit on a down day. is there something going on that maybe they're going to pull out of this tailspin? >> well, i mean we found out there really was just a personal issued involved with that ex-ceo. not a business issue, there was no fraud. so people get excited about that. to me this is just a larger unwind of radio shack. i don't want to be in best buy. i'm not going to recommend shorting any stock on the show, but i don't want to be there. listen to me. we are not europe, okay. our market is not europe. we're coming out of bad times. they're going into bad times. it doesn't mean they can't bring us down
> caller: not much good news out of south america. do you personally feel it's a place we shouldn't go? >> no, you can't. you can't take away the largest oil company and say big deal. let's go to joe in nevada, please. joe? >> caller: boo-yah, jim cramer. how are you doing today? >> ba-ba-boo-yah back at you. >> caller: i don't short stocks very much. but in the case of best buy i did at $26. and i noticed today they were up a little bit on a down day. is there...
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May 7, 2012
05/12
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not to speak about south america. their route is late bumpy. but that may give us opportunities because the best transactions are often made in a bad market. but we are fine, and this can -- as you said in the introduction, we are paying shareholders to wait. >> i also have to ask the tough questions. >> yes, please do. even tougher. >> all right. thank you very much. that's the chairman and ceo of nordic american, by far the most transparent and the best house, but it is a very tough neighborhood. stay with me. thank you. [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. >>> facebook and berkshire hathaway, could there be two companies with less in common? one is run by a young, fast-moving entrepreneur that is filled with ideas that only a true visionary could think of. the older is run by older management that talks a bigger game than it has deliver
not to speak about south america. their route is late bumpy. but that may give us opportunities because the best transactions are often made in a bad market. but we are fine, and this can -- as you said in the introduction, we are paying shareholders to wait. >> i also have to ask the tough questions. >> yes, please do. even tougher. >> all right. thank you very much. that's the chairman and ceo of nordic american, by far the most transparent and the best house, but it is a...
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Jul 11, 2012
07/12
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one is colombia, south america, and the other is kentucky in the kentucky mines that we own. and this is the most reactive high quality coal for silicon metal. >> you can't make your stuff without this. >> you can't make it without this. >> okay. >> and if you are making silicon metal, you will do a better job and you will have higher productivity using this coal than any other coal. >> and the ultimate apple is that you mix it with the woodchips. >> yes, and put it in a a furnace and heat it up to 3800 degrees and come out with silicon. >> who buys that? a shampoo company takes that? >> well, this is sold into the silicones market which goes into hundreds of products like the shampoo and the toothpaste and that is growing at the gdp 3% year over year and the biggest thing is the middle class developing and growing throughout the world and great market. >> you export it everywhere? >> yes, but mostly to tiz bnss here in the states which is 50% of the silicon metal. 40% ends up in aluminum castings and the most predominant part would be the rims on the car, and globally auto g
one is colombia, south america, and the other is kentucky in the kentucky mines that we own. and this is the most reactive high quality coal for silicon metal. >> you can't make your stuff without this. >> you can't make it without this. >> okay. >> and if you are making silicon metal, you will do a better job and you will have higher productivity using this coal than any other coal. >> and the ultimate apple is that you mix it with the woodchips. >> yes, and...
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Sep 7, 2012
09/12
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pete in south carolina. >> caller: boo-yah, jim. i bought bac, bank of america. >> my friend matt does a lot of my accounting. showed me the preferred stock. the bonds, the preferreds are flying. i think you can own it. charles in new jersey. you're up. >> caller: thank you, cramer. there was a stock split with con ed. >> i understand the you tul tis are weaker. use a new entry point, $58. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. >>> if september is so difficult why own stocks? that's the question i got the most on twitter other than from people asking for the recipe for my mad tomato sauce. >> i have tomato rash again. >> proceeds to charity from my farm stand. >> this tomato rash isn't going away. i have it bad now. it's wherever my clothes touch my -- skin. you know, contact point. not, here, but like here. [ scratching ] >> stay with cramer. >> cramer, another red cadillac boo-yah to you. >> good twitter movie. good youtube m
pete in south carolina. >> caller: boo-yah, jim. i bought bac, bank of america. >> my friend matt does a lot of my accounting. showed me the preferred stock. the bonds, the preferreds are flying. i think you can own it. charles in new jersey. you're up. >> caller: thank you, cramer. there was a stock split with con ed. >> i understand the you tul tis are weaker. use a new entry point, $58. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ]...
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Sep 8, 2012
09/12
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pete in south carolina. pete. >> caller: boo-yah, jim. i bought b-a-c, bank of america. >> my friend matt does a lot of my accounting. showed me a piece of paper, a preferred stock. the bonds, the preferreds are flying. bank of america is good to go. i think you can own it. charles in new jersey. >> caller: what's that? >> you're up. >> caller: thank you, cramer. there was a stock split with con ed. do you think they're going to do it again? >> i don't know if they're going to split. use a new entry point, $58. before i'd get too carried away. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. ♪ >>> if september is so difficult and there are so many huge events globally that can hurt us, why, jim, should we own stocks? that's the question i got the most on twitter other than from people asking for the recipe for my mad tomato sauce. i have tomato rash again. just sold by the boatload in long island. proceeds to charity, of course. it's tomato
pete in south carolina. pete. >> caller: boo-yah, jim. i bought b-a-c, bank of america. >> my friend matt does a lot of my accounting. showed me a piece of paper, a preferred stock. the bonds, the preferreds are flying. bank of america is good to go. i think you can own it. charles in new jersey. >> caller: what's that? >> you're up. >> caller: thank you, cramer. there was a stock split with con ed. do you think they're going to do it again? >> i don't know...
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Oct 27, 2012
10/12
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and now the down side from south america. and the stock, does have a chance to break out above let's say 11 over the course between here and the end of the year. sirius also reports on tuesday. are they done now? are they going to steal it and can't upside? will this be mel's last conference call? mel is headed into the sunset, after being told are you nothing special. come on the show, mel, let's talk. i don't want to buy it, not without mel. wednesday morning, we get clorox. the ceo, the pattern, run up in the quarter and a sell-off, disappointing slow growth results. will it be the same this time? i think it will. take profits on these days, and if you aren't concerned about short-term tax considerations, buy clorox on wednesday when everyone else kicks it out. then there is excelon and i wouldn't normally listen to a utility. hey, it's fine. not so much too learn. this one is huge. this is the commonwealth. and only a 6% yield. much higher than almost every other utility. i want to know what the heck is wrong here or if i
and now the down side from south america. and the stock, does have a chance to break out above let's say 11 over the course between here and the end of the year. sirius also reports on tuesday. are they done now? are they going to steal it and can't upside? will this be mel's last conference call? mel is headed into the sunset, after being told are you nothing special. come on the show, mel, let's talk. i don't want to buy it, not without mel. wednesday morning, we get clorox. the ceo, the...
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Oct 27, 2012
10/12
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and now the down side from south america. and the stock does have a chance to break out above let's say 11 over the course between here and the end of the year. sirius also reports on tuesday. are they done now? are they going to steal it and cap the upside? will this be mel's last conference call? mel is headed into the sunset, after being told are you nothing special. come on the show, mel, let's talk. i don't want to buy it, not without mel. wednesday morning, we get clorox. the ceo, the pattern, run up in the quarter and a sell-off, disappointing slow growth results. will it be the same this time? i think it will. take profits on these days, and if you aren't concerned about short-term tax considerations, buy clorox on wednesday when everyone else kicks it out. then there is excelon and i wouldn't normally listen to a utility. hey, it's fine. not so much to learn. this one is huge. this is the commonwealth. and almost a 6% yield. much higher than almost every other utility. i want to know what the heck is wrong here or if
and now the down side from south america. and the stock does have a chance to break out above let's say 11 over the course between here and the end of the year. sirius also reports on tuesday. are they done now? are they going to steal it and cap the upside? will this be mel's last conference call? mel is headed into the sunset, after being told are you nothing special. come on the show, mel, let's talk. i don't want to buy it, not without mel. wednesday morning, we get clorox. the ceo, the...
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Jul 25, 2012
07/12
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in the united states and europe, penetrating into south america and asia. fast growing areas as those people want set top boxes. people want hd content. they want content in the rooms. that's really driving a lot of growth in the united states as well. >> i know we have two different kinds of audiences watching the show. every hedge fund is trading every penny. we have home gamers. you're saying a lot of what i have on my tv sets when i've got -- say i'm watching in one room. i can watch it in another. or i have connectivity among tv sets. that's broadcom. >> absolutely. they want to watch you in hd and go to the bedroom and watch the whole time. >> those people have horse sense. [ laughter ] >> i want you to explain to me some of the craziness that happens. samsung bought csr and immediately we heard they are going to have a comparable chip on the high end, it's not a problem. don't you have int lech chal property to make it so people can't build a fab and come up with chips better than broadcom? >> it's happened before. we have customers looking for verti
in the united states and europe, penetrating into south america and asia. fast growing areas as those people want set top boxes. people want hd content. they want content in the rooms. that's really driving a lot of growth in the united states as well. >> i know we have two different kinds of audiences watching the show. every hedge fund is trading every penny. we have home gamers. you're saying a lot of what i have on my tv sets when i've got -- say i'm watching in one room. i can watch...
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Sep 4, 2012
09/12
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charlotte is called the wall street of the south because of the headquarters of bank of america, a big regional office for wells fargo. duke energy also has its headquarters there. what role do you think institutions like these have played in the state of the u.s. economy and people's personal situations? >> well, what we see as the people is we've seen how they've contributed to the crisis itself. then the people bail them out and we see that they are again wreaking record profits while people continue to struggle. we're glad to be here on the floor of the dnc to say not only is this story coming from outside of this building but outside on the street there's people throughout. we're trying to help lift up their voices. stand in solidarity and let them know we're still out there fighting and it's these institutions that have been the ones who have us at their mercy. >> so tell me why you chose the democratic national convention to do it. do you think president obama has done an effective job to help the middle and lower class or are you also speaking to him? >> i think our message is
charlotte is called the wall street of the south because of the headquarters of bank of america, a big regional office for wells fargo. duke energy also has its headquarters there. what role do you think institutions like these have played in the state of the u.s. economy and people's personal situations? >> well, what we see as the people is we've seen how they've contributed to the crisis itself. then the people bail them out and we see that they are again wreaking record profits while...
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Mar 21, 2012
03/12
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but it's also counting on other stimulus packages in china, south america, and europe... that is, unless they retaliate. >> if we have a "buy america" clause, other countries are going to have a "buy china," "buy europe," "buy brazil" clause, and they're going to discriminate against our exported products. look how thick this blade is. >> wow, this is just a huge hunk of steel. 75% of the steel in caterpillar trucks is american-made. if the company can't sell its earthmovers and mining tractors overseas, it'll buy less steel.r countries look upon it as a hostile act--and we're talking about china and russia... >> we are the largest consumer in the world of chinese-made products. they need us as much as we need them. >> he says the real hostile act is china subsidizing its steel industry. in january 2009, chinese steel plate cost half what american plate cost. dimicco claims that allows china to dump, or sell its steel below cost. taxpayers want to know why they're going to have to have their money go for something more expensive when they could get steel from china for mu
but it's also counting on other stimulus packages in china, south america, and europe... that is, unless they retaliate. >> if we have a "buy america" clause, other countries are going to have a "buy china," "buy europe," "buy brazil" clause, and they're going to discriminate against our exported products. look how thick this blade is. >> wow, this is just a huge hunk of steel. 75% of the steel in caterpillar trucks is american-made. if the...
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Jul 10, 2012
07/12
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>> one is colombia, south america, and the other is kentucky. and the kentucky mines we own. this is the most reactive high quality coal for silicone metal. >> you can't make your stuff without this? >> you can't make it without this. >> and if you're making sit con metal, you will have higher productivity using this coal than any other coal. >> put it into the furnace, heat it up to 2,800 degrees. >> who buys this? a shampoo company takes this -- >> silicon goes into hundreds of products from shampoo and toothpaste. that is growing 2% 3% year over year. the middle glass is developing around the world. great market. >> so you export the stuff everywhere? >> yes, but most of the business is here in the states. that's about 50% of the silicon metal. about 40% ends up in aluminum castings. the most predominant part would be rims on your car. what's happening to auto? globally, auto is growing. finally, last but not least, the semiconductor and solar. >> a deeply cyclical company, and you sell specialty metals. what's wrong with that? >> we're a cyclical company. >> so that's tru
>> one is colombia, south america, and the other is kentucky. and the kentucky mines we own. this is the most reactive high quality coal for silicone metal. >> you can't make your stuff without this? >> you can't make it without this. >> and if you're making sit con metal, you will have higher productivity using this coal than any other coal. >> put it into the furnace, heat it up to 2,800 degrees. >> who buys this? a shampoo company takes this -- >>...
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Jun 16, 2012
06/12
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stay in the moment sanya focus lolo, focus let's do this i am from baltimore south carolina... bloomington, california... austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >> you know how many times people have told me that piniccio was going be taken over by samsung or research in motion was going to catch a bit from microsoft but the stocks keep going lower and lower and lower. so will the rumored take-overs actually happen? allow me to let you in on a secret. if a company stinks to high heaven and losses are accelerating, then you personally wouldn't want to buy that stock. would you want to buy it? so why would a company want to buy the entire business? do you think companies are run by morons that want to wreck their own stocks? i am asked repeatedly, why don't i get on board? why don't i see the logic here? the numbers make so much sense since the stocks are so low. at least not this early. but probably unwilling to sell and both companies are regarded as national
stay in the moment sanya focus lolo, focus let's do this i am from baltimore south carolina... bloomington, california... austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >> you know how many times people have told me that piniccio was going be taken over by samsung or research in motion was going to catch a bit from microsoft but the stocks keep going lower and lower and lower....
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Feb 27, 2012
02/12
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south america is not just a brazil story. asia is not just a china story. i think the u.s. economy is doing better than we all think it s i'm an optimist about the global economy, as i said, i'm impressed what is going nonplaces like italy. i agree with what secretary geithner said earlier today but across europe it is tough right now. >> you had prime minister mario monti. >> impressive. great experiment, when you think about it, a group you have install forward specific amount of time saying do what you think has to be done, he is happy going back doing the right thing for the country, letting the politicians take it back after his time is up. i don't think mario has any interest in running for office. it is a great experiment. >> he doesn't care about politics, which is great. >> which is why he is willing to make the tough decisions. >> what do you see in terms of sentiment, investors there, are they risk averse? i know you are not a market timer you got a good feel for these things. what does the market feel like to you? >> thanks for the compliment, the market feels t
south america is not just a brazil story. asia is not just a china story. i think the u.s. economy is doing better than we all think it s i'm an optimist about the global economy, as i said, i'm impressed what is going nonplaces like italy. i agree with what secretary geithner said earlier today but across europe it is tough right now. >> you had prime minister mario monti. >> impressive. great experiment, when you think about it, a group you have install forward specific amount of...
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Apr 12, 2012
04/12
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it's canada, mexico, south ameri america, the pac rim. if the world economy were truly sinking, we wouldn't be selling them our goods. >> that's true, larry. but southern europe is still going into recession. even though we had v got exports, we did it by cheapening the dollar. so we're like that car on the highway, opened highway, we're going up to 40 miles an hour from 20 but we should be at 70, 75 miles an hour. so it's a mixed picture. better than last year but not what we had in the early 80s. we're both old enough to remember a real recovery. >> you're right about that. but our sales of goods to all these places around the world is fascinat fascinating. >> it shows american companies have gotten their act together since 2008. but we're not creating the number of small businesses we should. good picture, good sign but not the recovery we're capable of. >> officials in europe suggesting very strongly that the european central bank will take care of business. they'll put more money in to bail out bonds and sovereign debt and so forth.
it's canada, mexico, south ameri america, the pac rim. if the world economy were truly sinking, we wouldn't be selling them our goods. >> that's true, larry. but southern europe is still going into recession. even though we had v got exports, we did it by cheapening the dollar. so we're like that car on the highway, opened highway, we're going up to 40 miles an hour from 20 but we should be at 70, 75 miles an hour. so it's a mixed picture. better than last year but not what we had in the...
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Dec 11, 2012
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it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be ab
it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you...
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Nov 26, 2012
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. >> now o'higgins is morphing into a lake, retreating more than any glacier in south america. the glacier was sitting where we are sitting right now. >> we would have been covered by ice. i think it's a very clear picture that the world is getting warmer and that the impacts which were projected even 10 or 20 years ago are happening right now. >> o'higgins has fallen back nine miles in 100 years, throwing off icebergs that roll as they dissolve into the lake. casassa took us to the face of o'higgins, carefully measuring our approach. it's a dynamic thing. >> yeah, absolutely. >> it's cracking, popping, rumbling. there goes a big piece of it right here. wow, there goes--look at that. and this is why you advise us not to get too close. >> exactly. >> casassa is a glaciologist who surprised us when he told us what he used to think of global warming. >> i just didn't believe in global warming-- i mean, in global warming being produced by mankind, by us contaminating the atmosphere. i just refused to believe that. >> oh! >> wow, wow. >> look at that one. well, there's a bit of your
. >> now o'higgins is morphing into a lake, retreating more than any glacier in south america. the glacier was sitting where we are sitting right now. >> we would have been covered by ice. i think it's a very clear picture that the world is getting warmer and that the impacts which were projected even 10 or 20 years ago are happening right now. >> o'higgins has fallen back nine miles in 100 years, throwing off icebergs that roll as they dissolve into the lake. casassa took us...
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Oct 2, 2012
10/12
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. >> i would be looking at south america with a lot of interest at the moment. and what i call the second tier of ace i can't. and i think people also need to be looking at some of the local currencies in asia. thailand, sendiingapore, malays philippines. >> we like emerging markets as you do over the longer term. obviously it's a play on commodities. china's had a rough time, but we do like some of the reforms being announced to help accelerate infrastructure spending. we see that as a positive going forward. we are comfortable doing so in equities. >> so those are the ideas today. meanwhile the market so-called fear gauge, the vix closed above 16 yesterday. october may be known as a jinx month for stocks, but the dow hasn't posted an october loss since 2008. and at that time, it peaked in the high 80s in the vix. jim, thanks for joining us. the vix actually has been pretty low over the last few months. it suggests to me there haven't been that many people looking to purchase a lot of down side protection. are people looking for insurance now or not? >> yeah, i
. >> i would be looking at south america with a lot of interest at the moment. and what i call the second tier of ace i can't. and i think people also need to be looking at some of the local currencies in asia. thailand, sendiingapore, malays philippines. >> we like emerging markets as you do over the longer term. obviously it's a play on commodities. china's had a rough time, but we do like some of the reforms being announced to help accelerate infrastructure spending. we see that...
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Dec 11, 2012
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you look at the alliances they're forming, gold in south america, and now with virgin atlantic. they're trying to position delta to have greater access globally for their business customers. that's the key here. >> yes. oil refining, they are thinking different, biphil for sure. phil lebeau in new york. willy walsh making a bet with richard branson that the virgin airlines brand will not be around in five years. branson offered to bet 1 million pounds, walsh reportedly said, i don't have a million pounds. a knee in the groin maybe. that's as painful to him as it might be to me. why can't our executives be that creative. >> that's so colorful. >> a ceo challenging another one like that in this country? >> it would be rare. >> it's rare. usually they control the company. that is typically -- they have large shareholders, they're never going to say something like that. >> they don't often mention body parts. >> only a guy could really appreciate that story. >>> cramer's live in washington. six stocks in 60 seconds. >>> if lawmakers do not agree on a budget by january 1st, 2013, the
you look at the alliances they're forming, gold in south america, and now with virgin atlantic. they're trying to position delta to have greater access globally for their business customers. that's the key here. >> yes. oil refining, they are thinking different, biphil for sure. phil lebeau in new york. willy walsh making a bet with richard branson that the virgin airlines brand will not be around in five years. branson offered to bet 1 million pounds, walsh reportedly said, i don't have...
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Aug 2, 2012
08/12
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., south america, india, mexico. the business model is among the greatest i have seen and makes me wish i owned towers. the economics of owning a bunch of towers is down right incredible. you see once american tower builds a tower they put up additional antenna on the same structure which allows multiple tenants. it is no wonder american tower is giving you a 40% return. the company just reported solid quarter this morning. revenues just shy of expectations of 16.8% year to year. a lot of currency problems there. not really a problem. on the domestic side up 11.4%. it was the international tower rental serves 31.4%. this was the first quarter where the international side of things generated more business. it looks like wireless secular trend is holding up fine. let's check in with the president and ceo of american tower. welcome back to "mad money." >> great to be with you, jim. >> you got to be the only guy who actually wants to grow internationally because you have a business that seems to transcend even the econom
., south america, india, mexico. the business model is among the greatest i have seen and makes me wish i owned towers. the economics of owning a bunch of towers is down right incredible. you see once american tower builds a tower they put up additional antenna on the same structure which allows multiple tenants. it is no wonder american tower is giving you a 40% return. the company just reported solid quarter this morning. revenues just shy of expectations of 16.8% year to year. a lot of...
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Jul 12, 2012
07/12
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america. now we're coming in to the northern hemisphere growing season where asian and other key soybean import countries were expecting to have a rebound of soybean production in the u.s. doesn't look likely. we've never seen a severe drought impact the south american and north american harvest markets. we have a strong draw down on stocks and have an impact on china as china imports two-thirds of the world's soy beans. already in the u.s. more than one-third of this crop that's going to be harvested in september is sold so very strong export demand, china trying to displace the short fall in the american crop. >> it sounds almost like a crisis. at the same time i wonder as we look at some of the price action in corn, in soy those jumps that just look so elevated, you know, is now really the time if you were to play this as an investor that you want to jump in here and be long? >> we have seen prices pull back a little bit in the last full days here with corn and soy beans. in our opinion giv
america. now we're coming in to the northern hemisphere growing season where asian and other key soybean import countries were expecting to have a rebound of soybean production in the u.s. doesn't look likely. we've never seen a severe drought impact the south american and north american harvest markets. we have a strong draw down on stocks and have an impact on china as china imports two-thirds of the world's soy beans. already in the u.s. more than one-third of this crop that's going to be...
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Feb 16, 2012
02/12
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we got more work to do in south america. more work to do all across the company. >> in fact we've been watching shares of gm today and they have been indicated lower this morning after this news. also keeping an eye on shares of chip maker nvidia. fell short of street expectations. citing a flat computer market and increasing competition from smart phones and tablets. >>> in our european headlines no decision on a second aid package yet for greece. this is really getting, dragging on. european leaders postponing a decision until monday when eurozone ministers will meet. a german government officials maintains the greek side has to answer some questions. european equity selling off on the greek bailout news. a lot of news coming out of portugal as well. we have that to look forward to. >> we'll be talking about portugal for years. >> yeah, probably. >> we got a big day for data this morning and markets. we got jobless claims, ppi and housing starts all out in less than 30 minutes. joining us now, jim paulson of wells capital
we got more work to do in south america. more work to do all across the company. >> in fact we've been watching shares of gm today and they have been indicated lower this morning after this news. also keeping an eye on shares of chip maker nvidia. fell short of street expectations. citing a flat computer market and increasing competition from smart phones and tablets. >>> in our european headlines no decision on a second aid package yet for greece. this is really getting,...
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Jul 14, 2012
07/12
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across america, we're all committed to team usa. these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. >>> time to catch up on some homework. first up, on tuesday linda in connecticut asked me about ligand in pharmaceuticals. lgnd. i said i'd get back to her. this is a drug developer that suffered through years of weakness with the stock dropping from $68 ten years ago before bottoming at $10 last fall. the tide could be turning. in january last year they acquired cidex which gave them a drug formulation that's a key ingredient in onyx pharma's new multiple myeloma treatment, one that recently got a thumbs up from an fda advisory panel, turning onyx into one of the all-stars of the second quarter. ligand should see an increase in royalties from glaxosmithkline's promacta which recently received approval for hep c. the stock has had a huge run since beginning of june rising to near
across america, we're all committed to team usa. these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. >>> time to catch up on some homework. first up, on tuesday linda in connecticut asked me about ligand in pharmaceuticals. lgnd. i said i'd get back to her. this is a drug developer that suffered through years of weakness...
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Dec 4, 2012
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whether that's south america in the summer or it's the russians because their local snow is not that good or really americans and europeans who are back and forth between the alps, canadian rocky, rockies. even right now when aspen and vail aren't having the best early season, we're having tremendous snow through the canadian rockies, british columbia and alberta. those resorts are opening early. hotels are full. right now of course you're having this string wind river i believe they're calling it which is dumping tons of snow on the high sierras. they'll be digging out the snow lifts. >> if you've had poor snow the previous season, how does that then -- must reflect into people buying equipment and clothes. snowfall presumably spills out not just into the people who go to the resort, but all the equipment manufacturers get impacted, do they? >> absolutely. we had a really interesting situation that happened over the last couple years. we had a lean year last year which was following a very what we'd call an epic year where it just never seemed to stop snowing. that meant that on tha
whether that's south america in the summer or it's the russians because their local snow is not that good or really americans and europeans who are back and forth between the alps, canadian rocky, rockies. even right now when aspen and vail aren't having the best early season, we're having tremendous snow through the canadian rockies, british columbia and alberta. those resorts are opening early. hotels are full. right now of course you're having this string wind river i believe they're calling...
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Dec 1, 2012
12/12
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they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and producer donna mizlocky moving on to new opportunities for the next leg of her successful career. donna, thank you and good luck. that's it for this evening's show. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪
they've fallen in europe, asia, south america. i mean, it's happening everywhere because countries want to [ overlapping speakers ] >> i have never said tax rates don't matter. [ overlapping speakers ] >> governor howard dean. >> i adegree, howard, we need stable tax rights. i agree with that. i'd just like to have a flat tax. steve moore, thank you very much. i appreciate it. >>> folks before we go i want to send my very best wishes to my long-time friend and...
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Jul 21, 2012
07/12
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for amber waves of grain, for purple mountains majesty, above the fruited plain, america, america, god shed his grace on thee, and crowned thy good, with brotherhood... focus lolo, focust sanya let's do this i am from baltimore south carolina... bloomington, california... austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. did you know honey nut cheerios is america's favorite cereal? oh, you're good! hey, did you know that honey nut cheerios is... oh you too! ooh, hey america's favorite cereal is... honey nut cheerios ok then off to iceland! >>> you can have the best stock picks in the world. it won't mean a thing for your portfolio if you don't also have a good sense of timing. i'm a big believer in the notion that ordinary people, nonprofessionals can manage their money just as well as the pros or even better. that's why i come out every night to coach and teach you. despite what you may have heard from the nay sayers it's possible for a regular person with no wall street backg
for amber waves of grain, for purple mountains majesty, above the fruited plain, america, america, god shed his grace on thee, and crowned thy good, with brotherhood... focus lolo, focust sanya let's do this i am from baltimore south carolina... bloomington, california... austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. did you know honey nut cheerios is america's favorite cereal? oh,...
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Feb 13, 2012
02/12
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america. just about to open a new plant in north africa. i think it's a stock where if you start from a negative value, that's a pretty good place to start in terms of my book. and i'm starting to see a very strong move in that stock. and i think it can go further from here. >> mr. peak, great to meet you. thank you for joining us on "power lunch." stephen peak there from london. do you know reno? >> i do not in terms of financials, but i certainly know the company. >> oh, i see. okay. >> you were doing so well. >> i know. our week of power players continues tomorrow. we'll have an exclusive conversation with chief investment officer of global ax is portfolios at jpmorgan private bank. >> all right. coming up next, the man in line to become china's next leader is coming to the u.s. tomorrow. but is china still a smart investment play? so far this year shanghai's up 6%, but if you look one year over, we're down 16%. we'll talk about that when we come back. this new at&t 4g lte is fast. hey. did
america. just about to open a new plant in north africa. i think it's a stock where if you start from a negative value, that's a pretty good place to start in terms of my book. and i'm starting to see a very strong move in that stock. and i think it can go further from here. >> mr. peak, great to meet you. thank you for joining us on "power lunch." stephen peak there from london. do you know reno? >> i do not in terms of financials, but i certainly know the company....
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Sep 6, 2012
09/12
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south america, driven by brazil, and asia, driven by china and india are clearly two growth areas for the brands. i think as we look out at 2014 and 2015 there will be huge benefits for us. >> what does fashion night out mean for pvh? >> it's the kickoff to fashion week. we'll have three shows. the tommy men's show friday, women's on sunday and calvin in the middle of next week also having their major fashion show. it's part of what makes new york city so great. we are inviting the consumer to come and enjoy fashion night on 5th avenue with tommy hilfiger or madison avenue with calvin klein. >> thank you for making one of the best performing stocks we have ever recommended on "mad money." thank you for what you have deliver delivered. >> good to see you. >> thank you. that's the chairman and ceo of pvh corp. >> announcer: coming up, penalty kick? the gridiron is back in action. and the boys of summer are headed into an all important october. it's prime time for sports to shine. but one name is stinking up the locker room. is it lurking in your portfolio? stick around to find out when
south america, driven by brazil, and asia, driven by china and india are clearly two growth areas for the brands. i think as we look out at 2014 and 2015 there will be huge benefits for us. >> what does fashion night out mean for pvh? >> it's the kickoff to fashion week. we'll have three shows. the tommy men's show friday, women's on sunday and calvin in the middle of next week also having their major fashion show. it's part of what makes new york city so great. we are inviting the...
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Jun 12, 2012
06/12
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across america, we're all committed to team usa. >>> whenever the market stabilizes after a sell-off i like to pick among the rubble. for stocks that have come down big even as the underlying companies are in better shape. that's why starting tonight i want to circle back to companies we know are doing well because we have recently heard from their ceos, but their stocks simply don't reflect the reality. of course they have been dragged down with the rest of the market, mostly by europe. take chart industries, symbol gtls. it's an integral part of the liquified natural gas food chain. you want to export natural gas or turn it into a long range fuel for vehicles, then it needs to be cooled down to turn it into more compact liquid forms like lng. chart makes precision engineered cryogenic equipment for precisely this purpose. they make storage tanks needed to transport liquified natural gas and engine tanks for heavy duty trucks. in other words if we were to embrace natural gas as a fuel for surface vehicles in this country you would expect chart industries to be a huge, if not the big
across america, we're all committed to team usa. >>> whenever the market stabilizes after a sell-off i like to pick among the rubble. for stocks that have come down big even as the underlying companies are in better shape. that's why starting tonight i want to circle back to companies we know are doing well because we have recently heard from their ceos, but their stocks simply don't reflect the reality. of course they have been dragged down with the rest of the market, mostly by...
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May 8, 2012
05/12
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not to speak about south america. the road is a little bumpy. >> okay. >> but that may give us opportunities because the best transactions are often made in a bad market. but as you said, in the destruction. but we are fine, and this can -- as you said in the introduction, we are paying shareholders to wait. >> i also have to ask the tough questions. >> yes, please do. even tougher. >> all right. thank you very much. that's the chairman and ceo of nordic american, by far the most transparent and the best house, but it is a very tough neighborhood. stay with me. thank you. wanna know the difference between a trader and an elite trader? it's this... the etrade pro platform. fast. beautiful. totally customizable. finds top performing stocks -- in three clicks. quickly scans the market for new trading ideas. it can even match options strategies to your goals and lets you see the potential risk and reward. and, it also comes with a dedicated elite service team. got it? get it. good. introducing new etrade pro elite. ♪ >>
not to speak about south america. the road is a little bumpy. >> okay. >> but that may give us opportunities because the best transactions are often made in a bad market. but as you said, in the destruction. but we are fine, and this can -- as you said in the introduction, we are paying shareholders to wait. >> i also have to ask the tough questions. >> yes, please do. even tougher. >> all right. thank you very much. that's the chairman and ceo of nordic american,...
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Jun 6, 2012
06/12
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south america, far east, mideast, europe and clearly since -- >> she just wants you to say singapore. she's waiting. that's why you asked that question, is it not? >> a massive contract, like a $31 million contract from a buyer in singapore. >> we did. it's a private investor. foreign capital comes into the market in two ways. it comes in from high net worth individuals and it also comes in from institutional capital players. and we see it on a direct basis into commercial properties. but we see it indirectly in the form of equity financing. >> how much of it is with cash? >> most of it. interestingly most of the foreign investors that purchase properties in new york -- >> those are really big suitcases they bring, right? >> even with the extraordinarily low interest rate environment we're in right now, most of the purchases are done on 100% equity basis. so they're not taking any mortgage. they're simply looking at buildings in new york city as safety deposit boxes. >> it is amazing how much money is in the world. it's mind blowing, right? but how much? say, okay, without getting too
south america, far east, mideast, europe and clearly since -- >> she just wants you to say singapore. she's waiting. that's why you asked that question, is it not? >> a massive contract, like a $31 million contract from a buyer in singapore. >> we did. it's a private investor. foreign capital comes into the market in two ways. it comes in from high net worth individuals and it also comes in from institutional capital players. and we see it on a direct basis into commercial...
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Apr 26, 2012
04/12
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think of latin america, maybe not into deep south america at this point, the caribbean, san juan is the focus where the largest airline in the commonwealth of puerto rico and northern central america and a little bit of mexico is working for us quite well. >> it's guy. the airline industry, is it an impossible industry to flourish in given the environment that we're in the last 20 years and the next 20 years? >> guy, appreciate the comments. 1914 the first airline between st. petersburg and tampa attempted to make a profit doing this. we're 100 years later and the united states, the business aggregated hasn't been profitable, let alone let's talk about free cash floor or roic so we'll stay the course from the standpoint of this contrarian model, offering a product, direct cultural relationship with our staff and a strong financial sheet. i believe, guy, that will be the difference in the long run. you look at history, we're definitely playing the contrarian role right now. >> dave, always great to speak with you. dave barger, the ceo and president of jetblue. we should note jetblue hedg
think of latin america, maybe not into deep south america at this point, the caribbean, san juan is the focus where the largest airline in the commonwealth of puerto rico and northern central america and a little bit of mexico is working for us quite well. >> it's guy. the airline industry, is it an impossible industry to flourish in given the environment that we're in the last 20 years and the next 20 years? >> guy, appreciate the comments. 1914 the first airline between st....
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Sep 11, 2012
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we're also operating in areas in south america but overall, we have a very low risk profile with respect to not just geopolitical risk but the kinds of labor issues that we've seen in south africa recently. >> charles -- >> we're not experiencing anything like. that. >> a few years barrick bought back their hedge, about $750 or so ago. give or take. i'm sure you get calls all the time from trading desks looking for you to hedge your production. obviously you're not looking to do that. at what price does hedging production get interesting or under what scenario would you consider getting into a hedging program again? >> we're really not considering it. we're generating significant catch flow that's more than enough to not only fund the growth at our projects and new mines that we're bringing on, but also we've increased our dividend three time in the last two years up 200% to where we're now paying among the highest amounts of our cash flow out. the reason you hedge is because you're concerned about the down side and negative impact it would have on your business if the market dropped. as
we're also operating in areas in south america but overall, we have a very low risk profile with respect to not just geopolitical risk but the kinds of labor issues that we've seen in south africa recently. >> charles -- >> we're not experiencing anything like. that. >> a few years barrick bought back their hedge, about $750 or so ago. give or take. i'm sure you get calls all the time from trading desks looking for you to hedge your production. obviously you're not looking to...
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Mar 20, 2012
03/12
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miami is very hot because you have all of south america that comes up and they love miami. that's their place, that's their place of choice. we did make that purchase and it going to be i think a wonderful purchase. >> i think it was a great acquisition for you, donald. >> are you betting on big inflation by the way? >> i am, absolutely. and i'm seeing interest rates at some point have to go up. you know, with the deficits that we have, we're going to be up to $16 trillion. at some point you're going to see interest rates go up. and that's where the government really is going to be in trouble, andrew, because when you see we're paying really a very low rate. the interest rate that the government is paying on bonds is very low. what happens when that goes up to 2%? >> donald, are you short treasuries? are you buying inflation protected securities? >> i don't like -- you know, look, i told you last week famous trump tuesday, i love that richard's on trump tuesday. >> what the hell's going on here? >> i love it. but trump tuesday last week i told you very strongly that i only
miami is very hot because you have all of south america that comes up and they love miami. that's their place, that's their place of choice. we did make that purchase and it going to be i think a wonderful purchase. >> i think it was a great acquisition for you, donald. >> are you betting on big inflation by the way? >> i am, absolutely. and i'm seeing interest rates at some point have to go up. you know, with the deficits that we have, we're going to be up to $16 trillion. at...